On July 5th, FMC Technology announced that it has signed a cooperation agreement with the Norwegian National Petroleum Corporation. FMC will provide subsea production equipment for the Gullfaks southern oilfield development project (water depth 130-220 meters) in the Norwegian waters of the North Sea, worth about 200 million US dollars. The content includes 7 submarine trees, 7 wellhead systems, 2 sets of subsea manifolds, and other related control equipment. The estimated delivery time is 2Q13.
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